The investment momentum in Indian start-ups rocketed over the past five
years. PE activity in 2015 touched an
all-time high - investments totalled 1,049, over 600 of them in
start-ups. The stars of Indian e-commerce became super stars.
John T. Chambers, former CEO of Cisco who nowadays tours the world building relationships with
governments and helping countries digitise, is excited about the NDA
government's Digital India initiative that he says is "beginning to take
It is like a chat/messaging app that can be used across multiple
platforms and devices, with features such as one-to-one and group
messaging, file sharing plus integration into several popular apps and
The declining efficacy of responses notwithstanding, the rising
popularity and increasing awareness of RTI shows it is here to stay.
Experts believe the act is strong enough to withstand any attempts to
throttle it, but information commissioners need to be firm.
Institutions in the public and private sector, globally, have adopted
technology to improve operations and management. A recent World Bank
study has documented the benefits of centralised e-payments in
After weeks of public outcry and intense media scrutiny, embattled UB
Group Chairman Vijay Mallya has made an offer to settle outstanding
loans of his now defunct Kingfisher Airlines (KFA). The bank consortium may find it hard to accept Mallya's offer for a couple of reasons.
The Vijay Mallya saga gets curiouser every passing day even as the
investigations in the cases against him are making little progress.
While the govt has given 'stern' warnings to Mallya to pay dues
honourably or face action - the latest from Arun
Jaitley - many call it just political posturing.
Law enforcers, too, fail as perpetrators usually operate from foreign
shores and use 'jurisdictional arbitrage' - which means operating from
jurisdictions with lax laws such as Africa and Eastern Europe - to get